Time is an American weekly news magazine and news website published in New York City. It was founded in 1923 and originally run by Henry Luce. A European edition (Time Europe, formerly known as Time Atlantic) is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (Time Asia) is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. In December 2008, Time discontinued publishing a Canadian advertiser edition.[2]

Time has the world's largest circulation for a weekly news magazine. The print edition has a readership of 26 million, 20 million of whom are based in the United States. In mid-2012, its circulation was over three million,[1][3] which had lowered to two million by late 2017.[4]

Time magazine was created in 1923 by Briton Hadden and Henry Luce, making it the first weekly news magazine in the United States.[8] The two had previously worked together as chairman and managing editor, respectively, of the Yale Daily News. They first called the proposed magazine Facts. They wanted to emphasize brevity, so that a busy man could read it in an hour. They changed the name to Time and used the slogan "Take Time–It's Brief".[9] Hadden was considered carefree and liked to tease Luce. He saw Time as important, but also fun, which accounted for its heavy coverage of celebrities (including politicians), the entertainment industry, and pop culture—criticized as too light for serious news.

It set out to tell the news through people, and for many decades, the magazine's cover depicted a single person. More recently, Time has incorporated "People of the Year" issues which grew in popularity over the years. Notable mentions of them were Barack Obama, Steve Jobs, etc. The first issue of Time was published on March 3, 1923, featuring Joseph G. Cannon, the retired Speaker of the House of Representatives, on its cover; a facsimile reprint of Issue No. 1, including all of the articles and advertisements contained in the original, was included with copies of the February 28, 1938 issue as a commemoration of the magazine's 15th anniversary.[10] The cover price was 15¢ (equivalent to $2.21 in 2018) On Hadden's death in 1929, Luce became the dominant man at Time and a major figure in the history of 20th-century media. According to Time Inc.: The Intimate History of a Publishing Enterprise 1972–2004 by Robert Elson, "Roy Edward Larsen [...] was to play a role second only to Luce's in the development of Time Inc". In his book, The March of Time, 1935–1951, Raymond Fielding also noted that Larsen was "originally circulation manager and then general manager of Time, later publisher of Life, for many years president of Time Inc., and in the long history of the corporation the most influential and important figure after Luce".[citation needed]

Around the time they were raising $100,000 from wealthy Yale alumni such as Henry P. Davison, partner of J.P. Morgan & Co., publicity man Martin Egan and J.P. Morgan & Co. banker Dwight Morrow, Henry Luce, and Briton Hadden hired Larsen in 1922 – although Larsen was a Harvard graduate and Luce and Hadden were Yale graduates. After Hadden died in 1929, Larsen purchased 550 shares of Time Inc., using money he obtained from selling RKO stock which he had inherited from his father, who was the head of the Benjamin Franklin Keith theatre chain in New England. However, after Briton Hadden's death, the largest Time, Inc. stockholder was Henry Luce, who ruled the media conglomerate in an autocratic fashion, "at his right hand was Larsen", Time's second-largest stockholder, according to Time Inc.: The Intimate History of a Publishing Enterprise 1923–1941. In 1929, Roy Larsen was also named a Time Inc. director and vice president. J. P. Morgan retained a certain control through two directorates and a share of stocks, both over Time and Fortune. Other shareholders were Brown Brothers W. A. Harriman & Co., and the New York Trust Company (Standard Oil).[citation needed]

The Time Inc. stock owned by Luce at the time of his death was worth about $109 million, and it had been yielding him a yearly dividend of more than $2.4 million, according to Curtis Prendergast's The World of Time Inc.: The Intimate History of a Changing Enterprise 1957–1983. The Larsen family's Time stock was worth around $80 million during the 1960s, and Roy Larsen was both a Time Inc. director and the chairman of its executive committee, later serving as Time's vice chairman of the board until the middle of 1979. According to the September 10, 1979, issue of The New York Times, "Mr. Larsen was the only employee in the company's history given an exemption from its policy of mandatory retirement at age 65."

After Time magazine began publishing its weekly issues in March 1923, Roy Larsen was able to increase its circulation by using U.S. radio and movie theaters around the world. It often promoted both Time magazine and U.S. political and corporate interests. According to The March of Time, as early as 1924, Larsen had brought Time into the infant radio business with the broadcast of a 15-minute sustaining quiz show entitled Pop Question which survived until 1925". Then, in 1928, Larsen "undertook the weekly broadcast of a 10-minute programme series of brief news summaries, drawn from current issues of Time magazine [...] which was originally broadcast over 33 stations throughout the United States".[citation needed]

Larsen next arranged for a 30-minute radio program, The March of Time, to be broadcast over CBS, beginning on March 6, 1931. Each week, the program presented a dramatisation of the week's news for its listeners, thus Time magazine itself was brought "to the attention of millions previously unaware of its existence", according to Time Inc.: The Intimate History of a Publishing Enterprise 1923–1941, leading to an increased circulation of the magazine during the 1930s. Between 1931 and 1937, Larsen's The March of Time radio program was broadcast over CBS radio and between 1937 and 1945 it was broadcast over NBC radio – except for the 1939 to 1941 period when it was not aired. People Magazine was based on Time's People page.

In 1989, when Time, Inc. and Warner Communications merged, Time became part of Time Warner, along with Warner Bros.

In 2000, Time became part of AOL Time Warner, which reverted to the name Time Warner in 2003.

In 2007, Time moved from a Monday subscription/newsstand delivery to a schedule where the magazine goes on sale Fridays, and is delivered to subscribers on Saturday. The magazine actually began in 1923 with Friday publication.

During early 2007, the year's first issue was delayed for roughly a week due to "editorial changes", including the layoff of 49 employees.[12]

In 2009, Time announced that they were introducing a personalized print magazine, Mine, mixing content from a range of Time Warner publications based on the reader's preferences. The new magazine met with a poor reception, with criticism that its focus was too broad to be truly personal.[13]

The magazine has an online archive with the unformatted text for every article published. The articles are indexed and were converted from scanned images using optical character recognition technology. The minor errors in the text are remnants of the conversion into digital format.

Time Inc. and Apple have come to an agreement wherein U.S. subscribers to Time will be able to read the iPad versions for free, at least until the two companies sort out a viable digital subscription model.[14][clarification needed]

In January 2013, Time Inc. announced that it would cut nearly 500 jobs – roughly 6% of its 8,000 staff worldwide.[15] Although Time magazine has maintained high sales, its ad pages have declined significantly over time.[16]

Also in January 2013, Time Inc. named Martha Nelson as the first female editor-in-chief of its magazine division.[17] In September 2013, Nancy Gibbs was named as the first female managing editor of Time magazine.[17]

In September 2018, Meredith announced that it would re-sell Time to Marc Benioff and his wife Lynne for $190 million, which was completed on October 31, 2018. Although Benioff is the chairman and co-CEO of Salesforce.com, Time will remain separate from the company, and Benioff will not be involved in its daily operations.[20]

During the second half of 2009, the magazine had a 34.9% decline in newsstand sales.[21] During the first half of 2010, another decline of at least one-third in Time magazine sales occurred. In the second half of 2010, Time magazine newsstand sales declined by about 12% to just over 79,000 copies per week.[citation needed]

As of 2012, it has a circulation of 3.3 million, making it the 11th-most circulated magazine in the United States, and the second-most circulated weekly behind People.[3] As of July 2017, its circulation is 3,028,013.[1] In October 2017, Time cut its circulation to two million.

Time has the world's largest circulation for a weekly news magazine. The print edition has a readership of 26 million, 20 million of whom are based in the United States. In mid-2012, its circulation was over three million,[1][3] which had lowered to two million by late 2017.[22]

Time initially possessed a distinctive writing style, making regular use of inverted sentences. This was parodied in 1936 by Wolcott Gibbs in The New Yorker: "Backward ran sentences until reeled the mind [...] Where it all will end, knows God!"[23]

Until the mid-1970s, Time had a weekly section called "Listings", which contained capsule summaries and/or reviews of then-current significant films, plays, musicals, television programs, and literary bestsellers similar to The New Yorker's "Current Events" section.[24]

Time is also known for its signature red border, first introduced in 1927.[25] The border has only been changed five times since 1927: The issue released shortly after the September 11 attacks on the United States featured a black border to symbolize mourning. However, this edition was a special "extra" edition published quickly for the breaking news of the event; the next regularly scheduled issue contained the red border. Additionally, the April 28, 2008, Earth Day issue, dedicated to environmental issues, contained a green border.[26] The next change in border was in the September 19, 2011, issue, commemorating the 10th anniversary of September 11 attacks with a metallic silver border. Another silver border was used in the December 31, 2012, issue, noting Barack Obama's selection as Person of the Year. The most recent change was the November 28 / December 5, 2016 issue, featuring a silver border covering the Most Influential Photos of All Time. Former president Richard Nixon has been among the most frequently-featured on the front page of Time, having appeared 55 times from the August 25, 1952 issue to the May 2, 1994 issue.[27]

In 2007, Time engineered a style overhaul of the magazine. Among other changes, the magazine reduced the red cover border to promote featured stories, enlarged column titles, reduced the number of featured stories, increased white space around articles, and accompanied opinion pieces with photographs of the writers. The changes have met both criticism and praise.[28][29][30]

Time's most famous feature throughout its history has been the annual "Person of the Year" (formerly "Man of the Year") cover story, in which Time recognizes the individual or group of individuals who have had the biggest impact on news headlines over the past 12 months. The distinction is supposed to go to the person who, "for good or ill", has most affected the course of the year; it is, therefore, not necessarily an honor or a reward. In the past, such figures as Adolf Hitler and Joseph Stalin have been Man of the Year.

In 2006, Person of the Year was designated as "You", a move that was met with split reviews. Some thought the concept was creative; others wanted an actual person of the year. Editors Pepper and Timmer reflected that, if it had been a mistake, "we're only going to make it once".[31]

In 2017, Time named The Silence Breakers, women and men who came forward with personal stories of sexual harassment, as Person of the Year.[32]

In recent years, Time has assembled an annual list of the 100 most influential people of the year. Originally, they had made a list of the 100 most influential people of the 20th century. These issues usually have the front cover filled with pictures of people from the list and devote a substantial amount of space within the magazine to the 100 articles about each person on the list. In some cases, over 100 people have been included, as when two people have made the list together, sharing one spot.

In February 2016, Time included the British and male author Evelyn Waugh on its "100 Most Read Female Writers in College Classes" list (he was 97th on the list) which created much media attention and concerns about the level of basic education among the magazine's staff.[38]Time later issued a retraction.[39] In a BBC interview with Justin Webb, Professor Valentine Cunningham of Corpus Christi College, Oxford, described the mistake as "a piece of profound ignorance on the part of Time magazine".[40]

During its history, for five nonconsecutive occasions, Time has released a special issue with a cover showing an X scrawled over the face of a man or a national symbol. The first Time magazine with a red X cover was released on May 7, 1945, showing a red X over Adolf Hitler's face. The second X cover was released more than three months later on August 20, 1945, with a black X (to date, the magazine's only such use of a black X) covering the flag of Japan, representing the recent surrender of Japan and which signaled the end of World War II.

Fifty-eight years later, on April 21, 2003, Time released another issue with a red X over Saddam Hussein's face, two weeks after the invasion. On June 13, 2006, Time magazine printed a red X cover issue following the death of Abu Musab al-Zarqawi in a U.S. airstrike in Iraq. The most recent red X cover issue of Time was published on May 2, 2011, after the death of Osama bin Laden.[41]

Time for Kids is a division magazine of Time that is especially published for children and is mainly distributed in classrooms. TFK contains some national news, a "Cartoon of the Week", and a variety of articles concerning popular culture. An annual issue concerning the environment is distributed near the end of the U.S. school term. The publication rarely exceeds ten pages front and back.

Elegant and commanding, intimate and worldly, Time magazine's beautifully designed LightBox blog is an essential destination for those who appreciate contemporary photography. Much more than photojournalism, Lightbox (which, like LIFE.com, is owned by Time Inc.) explores today's new documentary and fine art photography from the perspective of the photo editors at Time -- arguably the strongest editors working in their field today. LightBox offers fascinating dispatches from every corner of the world...

1.
Time
–
Time is the indefinite continued progress of existence and events that occur in apparently irreversible succession from the past through the present to the future. Time is often referred to as the dimension, along with the three spatial dimensions. Time has long been an important subject of study in religion, philosophy, and science, nevertheless, diverse fields such as business, industry, sports, the sciences, and the performing arts all incorporate some notion of time into their respective measuring systems. Two contrasting viewpoints on time divide prominent philosophers, one view is that time is part of the fundamental structure of the universe—a dimension independent of events, in which events occur in sequence. Isaac Newton subscribed to this realist view, and hence it is referred to as Newtonian time. This second view, in the tradition of Gottfried Leibniz and Immanuel Kant, holds that time is neither an event nor a thing, Time in physics is unambiguously operationally defined as what a clock reads. Time is one of the seven fundamental physical quantities in both the International System of Units and International System of Quantities, Time is used to define other quantities—such as velocity—so defining time in terms of such quantities would result in circularity of definition. The operational definition leaves aside the question there is something called time, apart from the counting activity just mentioned, that flows. Investigations of a single continuum called spacetime bring questions about space into questions about time, questions that have their roots in the works of early students of natural philosophy. Furthermore, it may be there is a subjective component to time. Temporal measurement has occupied scientists and technologists, and was a motivation in navigation. Periodic events and periodic motion have long served as standards for units of time, examples include the apparent motion of the sun across the sky, the phases of the moon, the swing of a pendulum, and the beat of a heart. Currently, the unit of time, the second, is defined by measuring the electronic transition frequency of caesium atoms. Time is also of significant social importance, having economic value as well as value, due to an awareness of the limited time in each day. In day-to-day life, the clock is consulted for periods less than a day whereas the calendar is consulted for periods longer than a day, increasingly, personal electronic devices display both calendars and clocks simultaneously. The number that marks the occurrence of an event as to hour or date is obtained by counting from a fiducial epoch—a central reference point. Artifacts from the Paleolithic suggest that the moon was used to time as early as 6,000 years ago. Lunar calendars were among the first to appear, either 12 or 13 lunar months, without intercalation to add days or months to some years, seasons quickly drift in a calendar based solely on twelve lunar months

2.
The Times
–
The Times is a British daily national newspaper based in London, England. It began in 1785 under the title The Daily Universal Register, the Times and its sister paper The Sunday Times are published by Times Newspapers, since 1981 a subsidiary of News UK, itself wholly owned by News Corp. The Times and The Sunday Times do not share editorial staff, were founded independently and have only had common ownership since 1967 and its news and its editorial comment have in general been carefully coordinated, and have at most times been handled with an earnest sense of responsibility. While the paper has admitted some trivia to its columns, its emphasis has been on important public affairs treated with an eye to the best interests of Britain. To guide this treatment, the editors have for long periods been in touch with 10 Downing Street. In these countries, the newspaper is often referred to as The London Times or The Times of London, although the newspaper is of national scope, in November 2006 The Times began printing headlines in a new font, Times Modern. The Times was printed in broadsheet format for 219 years, the Sunday Times remains a broadsheet. The Times had a daily circulation of 446,164 in December 2016, in the same period. An American edition of The Times has been published since 6 June 2006 and it has been heavily used by scholars and researchers because of its widespread availability in libraries and its detailed index. A complete historical file of the paper, up to 2010, is online from Gale Cengage Learning. The Times was founded by publisher John Walter on 1 January 1785 as The Daily Universal Register, Walter had lost his job by the end of 1784 after the insurance company where he was working went bankrupt because of the complaints of a Jamaican hurricane. Being unemployed, Walter decided to set a new business up and it was in that time when Henry Johnson invented the logography, a new typography that was faster and more precise. Walter bought the patent and to use it, he decided to open a printing house. The first publication of the newspaper The Daily Universal Register in Great Britain was 1 January 1785, unhappy because people always omitted the word Universal, Ellias changed the title after 940 editions on 1 January 1788 to The Times. In 1803, Walter handed ownership and editorship to his son of the same name, the Times used contributions from significant figures in the fields of politics, science, literature, and the arts to build its reputation. For much of its life, the profits of The Times were very large. Beginning in 1814, the paper was printed on the new steam-driven cylinder press developed by Friedrich Koenig, in 1815, The Times had a circulation of 5,000. Thomas Barnes was appointed editor in 1817

3.
New York City
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The City of New York, often called New York City or simply New York, is the most populous city in the United States. With an estimated 2015 population of 8,550,405 distributed over an area of about 302.6 square miles. Located at the tip of the state of New York. Home to the headquarters of the United Nations, New York is an important center for international diplomacy and has described as the cultural and financial capital of the world. Situated on one of the worlds largest natural harbors, New York City consists of five boroughs, the five boroughs – Brooklyn, Queens, Manhattan, The Bronx, and Staten Island – were consolidated into a single city in 1898. In 2013, the MSA produced a gross metropolitan product of nearly US$1.39 trillion, in 2012, the CSA generated a GMP of over US$1.55 trillion. NYCs MSA and CSA GDP are higher than all but 11 and 12 countries, New York City traces its origin to its 1624 founding in Lower Manhattan as a trading post by colonists of the Dutch Republic and was named New Amsterdam in 1626. The city and its surroundings came under English control in 1664 and were renamed New York after King Charles II of England granted the lands to his brother, New York served as the capital of the United States from 1785 until 1790. It has been the countrys largest city since 1790, the Statue of Liberty greeted millions of immigrants as they came to the Americas by ship in the late 19th and early 20th centuries and is a symbol of the United States and its democracy. In the 21st century, New York has emerged as a node of creativity and entrepreneurship, social tolerance. Several sources have ranked New York the most photographed city in the world, the names of many of the citys bridges, tapered skyscrapers, and parks are known around the world. Manhattans real estate market is among the most expensive in the world, Manhattans Chinatown incorporates the highest concentration of Chinese people in the Western Hemisphere, with multiple signature Chinatowns developing across the city. Providing continuous 24/7 service, the New York City Subway is one of the most extensive metro systems worldwide, with 472 stations in operation. Over 120 colleges and universities are located in New York City, including Columbia University, New York University, and Rockefeller University, during the Wisconsinan glaciation, the New York City region was situated at the edge of a large ice sheet over 1,000 feet in depth. The ice sheet scraped away large amounts of soil, leaving the bedrock that serves as the foundation for much of New York City today. Later on, movement of the ice sheet would contribute to the separation of what are now Long Island and Staten Island. The first documented visit by a European was in 1524 by Giovanni da Verrazzano, a Florentine explorer in the service of the French crown and he claimed the area for France and named it Nouvelle Angoulême. Heavy ice kept him from further exploration, and he returned to Spain in August and he proceeded to sail up what the Dutch would name the North River, named first by Hudson as the Mauritius after Maurice, Prince of Orange

4.
New York (state)
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New York is a state in the northeastern United States, and is the 27th-most extensive, fourth-most populous, and seventh-most densely populated U. S. state. New York is bordered by New Jersey and Pennsylvania to the south and Connecticut, Massachusetts, and Vermont to the east. With an estimated population of 8.55 million in 2015, New York City is the most populous city in the United States, the New York Metropolitan Area is one of the most populous urban agglomerations in the world. New York City makes up over 40% of the population of New York State, two-thirds of the states population lives in the New York City Metropolitan Area, and nearly 40% lives on Long Island. Both the state and New York City were named for the 17th-century Duke of York, the next four most populous cities in the state are Buffalo, Rochester, Yonkers, and Syracuse, while the state capital is Albany. New York has a diverse geography and these more mountainous regions are bisected by two major river valleys—the north-south Hudson River Valley and the east-west Mohawk River Valley, which forms the core of the Erie Canal. Western New York is considered part of the Great Lakes Region and straddles Lake Ontario, between the two lakes lies Niagara Falls. The central part of the state is dominated by the Finger Lakes, New York had been inhabited by tribes of Algonquian and Iroquoian-speaking Native Americans for several hundred years by the time the earliest Europeans came to New York. The first Europeans to arrive were French colonists and Jesuit missionaries who arrived southward from settlements at Montreal for trade, the British annexed the colony from the Dutch in 1664. The borders of the British colony, the Province of New York, were similar to those of the present-day state, New York is home to the Statue of Liberty, a symbol of the United States and its ideals of freedom, democracy, and opportunity. In the 21st century, New York has emerged as a node of creativity and entrepreneurship, social tolerance. On April 17,1524 Verrazanno entered New York Bay, by way of the now called the Narrows into the northern bay which he named Santa Margherita. Verrazzano described it as a vast coastline with a delta in which every kind of ship could pass and he adds. This vast sheet of water swarmed with native boats and he landed on the tip of Manhattan and possibly on the furthest point of Long Island. Verrazannos stay was interrupted by a storm which pushed him north towards Marthas Vineyard, in 1540 French traders from New France built a chateau on Castle Island, within present-day Albany, due to flooding, it was abandoned the next year. In 1614, the Dutch under the command of Hendrick Corstiaensen, rebuilt the French chateau, Fort Nassau was the first Dutch settlement in North America, and was located along the Hudson River, also within present-day Albany. The small fort served as a trading post and warehouse, located on the Hudson River flood plain, the rudimentary fort was washed away by flooding in 1617, and abandoned for good after Fort Orange was built nearby in 1623. Henry Hudsons 1609 voyage marked the beginning of European involvement with the area, sailing for the Dutch East India Company and looking for a passage to Asia, he entered the Upper New York Bay on September 11 of that year

5.
Hong Kong
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Hong Kong, officially the Hong Kong Special Administrative Region of the Peoples Republic of China, is an autonomous territory on the Pearl River Delta of East Asia. Macau lies across the delta to the west, and the Chinese province of Guangdong borders the territory to the north. With a total area of 1,106 square kilometres. Hong Kong was later occupied by Japan during World War II until British control resumed in 1945, under the principle of one country, two systems, Hong Kong maintains a separate political and economic system from China. Except in military defence and foreign affairs, Hong Kong maintains its independent executive, legislative, in addition, Hong Kong develops relations directly with foreign states and international organisations in a broad range of appropriate fields. Hong Kong is one of the worlds most significant financial centres, with the highest Financial Development Index score and consistently ranks as the worlds most competitive and freest economic entity. As the worlds 8th largest trading entity, its legal tender, Hong Kongs tertiary sector dominated economy is characterised by simple taxation with a competitive level of corporate tax and supported by its independent judiciary system. However, while Hong Kong has one of the highest per capita incomes in the world and it has a very high Human Development Index ranking and the worlds longest life expectancy. Over 90% of the population use of well-developed public transportation. Seasonal air pollution with origins from neighbouring areas of Mainland China. Hong Kong was officially recorded in the 1842 Treaty of Nanking to encompass the entirety of the island, before 1842, the name referred to a small inlet—now Aberdeen Harbour, literally means Little Hong Kong)—between Aberdeen Island and the southern coast of Hong Kong Island. Aberdeen was a point of contact between British sailors and local fishermen. Detailed and accurate romanisation systems for Cantonese were available and in use at the time, fragrance may refer to the sweet taste of the harbours fresh water estuarine influx of the Pearl River or to the incense from factories lining the coast of northern Kowloon. The incense was stored near Aberdeen Harbour for export before Hong Kong developed Victoria Harbour, the name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the form, such as the Hongkong Post, Hongkong Electric. As of 1997, its name is the Hong Kong Special Administrative Region of the Peoples Republic of China. This is the title as mentioned in the Hong Kong Basic Law. Hong Kong has carried many nicknames, the most famous among those is the Pearl of the Orient, which reflected the impressive nightscape of the citys light decorations on the skyscrapers along both sides of the Victoria Harbour

6.
Sydney
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Sydney /ˈsɪdni/ is the state capital of New South Wales and the most populous city in Australia and Oceania. Located on Australias east coast, the metropolis surrounds the worlds largest natural harbour, residents of Sydney are known as Sydneysiders. The Sydney area has been inhabited by indigenous Australians for at least 30,000 years, the first British settlers, led by Captain Arthur Phillip, arrived in 1788 to found Sydney as a penal colony, the first European settlement in Australia. Since convict transportation ended in the century, the city has transformed from a colonial outpost into a major global cultural. As at June 2016 Sydneys estimated population was 5,005,358, in the 2011 census,34 percent of the population reported having been born overseas, representing many different nationalities and making Sydney one of the most multicultural cities in the world. There are more than 250 different languages spoken in Sydney and about one-third of residents speak a language other than English at home and it is classified as an Alpha+ World City by the Globalization and World Cities Research Network, indicating its influence in the region and throughout the world. Ranked eleventh in the world for economic opportunity, Sydney has a market economy with strengths in finance, manufacturing. Its gross regional product was $337 billion in 2013, the largest in Australia, there is a significant concentration of foreign banks and multinational corporations in Sydney and the city is promoted as one of Asia Pacifics leading financial hubs. Its natural features include Sydney Harbour, the Royal National Park, man-made attractions such as the Sydney Opera House, Sydney Tower and the Sydney Harbour Bridge are also well known to international visitors. The first people to inhabit the now known as Sydney were indigenous Australians having migrated from northern Australia. Radiocarbon dating suggests human activity first started to occur in the Sydney area from around 30,735 years ago, the earliest British settlers called them Eora people. Eora is the term the indigenous used to explain their origins upon first contact with the British. Its literal meaning is from this place, prior to the arrival of the British there were 4,000 to 8,000 native people in Sydney from as many as 29 different clans. Sydney Cove from Port Jackson to Petersham was inhabited by the Cadigal clan, the principal language groups were Darug, Guringai, and Dharawal. The earliest Europeans to visit the area noted that the people were conducting activities such as camping and fishing, using trees for bark and food, collecting shells. Development has destroyed much of the citys history including that of the first inhabitants, there continues to be examples of rock art and engravings located in the protected Ku-ring-gai Chase National Park. The first meeting between the people and the British occurred on 29 April 1770 when Lieutenant James Cook landed at Botany Bay on the Kurnell Peninsula. He noted in his journal that they were confused and somewhat hostile towards the foreign visitors, Cook was on a mission of exploration and was not commissioned to start a settlement

7.
Life (magazine)
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Life was an American magazine that ran weekly from 1883 to 1936 as a humor magazine with limited circulation. Time owner Henry Luce bought the magazine in 1936, solely so that he could acquire the rights to its name, Life was published weekly until 1972, as an intermittent special until 1978, and as a monthly from 1978 to 2000. After 2000 Time Inc. continued to use the Life brand for special, Life returned to regularly scheduled issues when it became a weekly newspaper supplement from 2004 to 2007. The website life. com, originally one of the channels on Time Inc. s Pathfinder service, was for a time in the late 2000s managed as a joint venture with Getty Images under the name See Your World, LLC. On January 30,2012 the LIFE. com URL became a channel on Time. com. When Life was founded in 1883, it was developed as similar to the British magazine and it was published for 53 years as a general-interest light entertainment magazine, heavy on illustrations, jokes and social commentary. The Luce Life was the first all-photographic American news magazine, the magazines role in the history of photojournalism is considered its most important contribution to publishing. Life was wildly successful for two generations before its prestige was diminished by economics and changing tastes, Life was founded January 4,1883, in a New York City artists studio at 1155 Broadway, as a partnership between John Ames Mitchell and Andrew Miller. Mitchell held a 75 per cent interest in the magazine with the remainder by Miller, both men retained their holdings until their deaths. Miller served as secretary-treasurer of the magazine and was very successful managing the side of the operation. Mitchell, a 37-year-old illustrator who used a $10,000 inheritance to invest in the weekly magazine, Mitchell created the first Life name-plate with cupids as mascots, he later drew its masthead of a knight leveling his lance at the posterior of a fleeing devil. Mitchell took advantage of a new printing process using zinc-coated plates. This edge helped because Life faced stiff competition from the humor magazines Judge and Puck. Edward Sandford Martin was brought on as Lifes first literary editor, the motto of the first issue of Life was, While theres Life, theres hope. The new magazine set forth its principles and policies to its readers and we shall try to domesticate as much as possible of the casual cheerfulness that is drifting about in an unfriendly world. The magazine was a success and soon attracted the leading contributors. Among the most important was Charles Dana Gibson, three years after the magazine was founded, the Massachusetts native first sold Life a drawing for $4, a dog outside his kennel howling at the moon. Encouraged by a publisher who was also an artist, Gibson was joined in Life early days by such illustrators as Palmer Cox

8.
Harvard University
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Although never formally affiliated with any denomination, the early College primarily trained Congregationalist and Unitarian clergy. Its curriculum and student body were gradually secularized during the 18th century, james Bryant Conant led the university through the Great Depression and World War II and began to reform the curriculum and liberalize admissions after the war. The undergraduate college became coeducational after its 1977 merger with Radcliffe College, Harvards $34.5 billion financial endowment is the largest of any academic institution. Harvard is a large, highly residential research university, the nominal cost of attendance is high, but the Universitys large endowment allows it to offer generous financial aid packages. Harvards alumni include eight U. S. presidents, several heads of state,62 living billionaires,359 Rhodes Scholars. To date, some 130 Nobel laureates,18 Fields Medalists, Harvard was formed in 1636 by vote of the Great and General Court of the Massachusetts Bay Colony. In 1638, it obtained British North Americas first known printing press, in 1639 it was named Harvard College after deceased clergyman John Harvard an alumnus of the University of Cambridge who had left the school £779 and his scholars library of some 400 volumes. The charter creating the Harvard Corporation was granted in 1650 and it offered a classic curriculum on the English university model‍—‌many leaders in the colony had attended the University of Cambridge‍—‌but conformed to the tenets of Puritanism. It was never affiliated with any denomination, but many of its earliest graduates went on to become clergymen in Congregational. The leading Boston divine Increase Mather served as president from 1685 to 1701, in 1708, John Leverett became the first president who was not also a clergyman, which marked a turning of the college toward intellectual independence from Puritanism. When the Hollis Professor of Divinity David Tappan died in 1803 and the president of Harvard Joseph Willard died a year later, in 1804, in 1846, the natural history lectures of Louis Agassiz were acclaimed both in New York and on the campus at Harvard College. Agassizs approach was distinctly idealist and posited Americans participation in the Divine Nature, agassizs perspective on science combined observation with intuition and the assumption that a person can grasp the divine plan in all phenomena. When it came to explaining life-forms, Agassiz resorted to matters of shape based on an archetype for his evidence. Charles W. Eliot, president 1869–1909, eliminated the position of Christianity from the curriculum while opening it to student self-direction. While Eliot was the most crucial figure in the secularization of American higher education, he was motivated not by a desire to secularize education, during the 20th century, Harvards international reputation grew as a burgeoning endowment and prominent professors expanded the universitys scope. Rapid enrollment growth continued as new schools were begun and the undergraduate College expanded. Radcliffe College, established in 1879 as sister school of Harvard College, Harvard became a founding member of the Association of American Universities in 1900. In the early 20th century, the student body was predominately old-stock, high-status Protestants, especially Episcopalians, Congregationalists, by the 1970s it was much more diversified

9.
RKO Pictures
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RKO Pictures Inc. also known as RKO Radio Pictures and in its later years RKO Teleradio Pictures, was an American film production and distribution company. It was one of the Big Five studios of Hollywoods Golden Age, RCA chief David Sarnoff engineered the merger to create a market for the companys sound-on-film technology, RCA Photophone. By the mid-1940s, the studio was under the control of investor Floyd Odlum, RKO has long been celebrated for its series of musicals starring Fred Astaire and Ginger Rogers in the mid-to-late 1930s. Actors Katharine Hepburn and, later, Robert Mitchum had their first major successes at the studio, cary Grant was a mainstay for years. The work of producer Val Lewtons low-budget horror unit and RKOs many ventures into the now known as film noir have been acclaimed, largely after the fact, by film critics. The studio produced two of the most famous films in motion picture history, King Kong and Citizen Kane, RKO Pictures is also a member of Motion Picture Association of America. Maverick industrialist Howard Hughes took over RKO in 1948, after years of turmoil and decline under his control, Hughes sold the troubled studio to General Tire and Rubber Company in 1955. The original RKO Pictures ceased production in 1957 and was dissolved two years later. In 1981, broadcaster RKO General, the heir, revived it as a production subsidiary. In October 1927, Warner Bros. released The Jazz Singer and its success prompted Hollywood to convert from silent to sound film production en masse. The Radio Corporation of America controlled an advanced optical sound-on-film system, RCA Photophone, the industrys two largest major studios, Paramount and Loews/MGM, with two other studios Universal and First National, were poised to contract with ERPI for sound conversion as well. Next on the agenda was securing a string of exhibition venues like those the leading Hollywood production companies owned, Kennedy began investigating the possibility of such a purchase. Around that time, the large Keith-Albee-Orpheum circuit of theaters, built around the medium of live vaudeville, was attempting a transition to the movie business. In mid-1927, the operations of Pathé Exchange and Cecil B. De Milles Producers Distributing Corporation had united under KAOs control, early in 1928, KAO general manager John J. Murdock, who had assumed the presidency of Pathé, turned to Kennedy as an adviser in consolidating the studio with De Milles company, PDC. This was the relationship Sarnoff and Kennedy sought, on October 23,1928, RCA announced the creation of the Radio-Keith-Orpheum holding company, with Sarnoff as chairman of the board. Kennedy, who withdrew from his positions in the merged companies, kept Pathé separate from RKO. RCA owned the governing stock interest in RKO,22 percent, in the early 1930s, the companys production and distribution arm, presided over by former FBO vice-president Joseph I

10.
Standard Oil
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Standard Oil Co. Inc. was an American oil producing, transporting, refining, and marketing company. Established in 1870 by John D. Rockefeller as a corporation in Ohio and its controversial history as one of the worlds first and largest multinational corporations ended in 1911, when the United States Supreme Court ruled that Standard Oil was an illegal monopoly. The Standard Oil trust streamlined production and logistics, lowered costs, trust-busting critics accused Standard Oil of using aggressive pricing to destroy competitors and form a monopoly that threatened other businesses. John D. Rockefeller was a founder, chairman and major shareholder and its successors such as ExxonMobil, BP, and Chevron are still counted among the companies with the largest income worldwide. By 1882, his top aide was John Dustin Archbold, after 1896, Rockefeller disengaged from business to concentrate on his philanthropy, leaving Archbold in control. Other notable Standard Oil principals include Henry Flagler, developer of the Florida East Coast Railway and resort cities, and Henry H. Rogers, Standard Oils name came from the companys manufacturing standards, which preceded todays ASTM standards. In 1870 Rockefeller incorporated Standard Oil in Ohio, of the initial 10,000 shares, John D. In the early years, John D. Rockefeller dominated the combine and he quickly distributed power and the tasks of policy formation to a system of committees, but always remained the largest shareholder. Authority was centralized in the main office in Cleveland. In response to state trying to limit the scale of companies, Rockefeller and his associates developed innovative ways of organizing. On January 2,1882, they combined their disparate companies, spread across dozens of states and this organization proved so successful that other giant enterprises adopted this trust form. The company grew by increasing sales and also through acquisitions, after purchasing competing firms, Rockefeller shut down those he believed to be inefficient and kept the others. Smaller companies decried such deals as unfair because they were not producing enough oil to qualify for discounts, in 1872, Rockefeller joined the South Improvement Co. which would have allowed him to receive rebates for shipping and receive drawbacks on oil his competitors shipped. But when this became known, competitors convinced the Pennsylvania Legislature to revoke South Improvements charter. No oil was shipped under this arrangement. Standards actions and secret transport deals helped its kerosene price to drop from 58 to 26 cents from 1865 to 1870, competitors disliked the companys business practices, but consumers liked the lower prices. Standard Oil, being formed well before the discovery of the Spindletop oil field, the company was perceived to own and control all aspects of the trade. In 1885, Standard Oil of Ohio moved its headquarters from Cleveland to its permanent headquarters at 26 Broadway in New York City

11.
CBS
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CBS is an American commercial broadcast television network that is a flagship property of CBS Corporation. The company is headquartered at the CBS Building in New York City with major facilities and operations in New York City. CBS is sometimes referred to as the Eye Network, in reference to the iconic logo. It has also called the Tiffany Network, alluding to the perceived high quality of CBS programming during the tenure of William S. Paley. It can also refer to some of CBSs first demonstrations of color television, the network has its origins in United Independent Broadcasters Inc. a collection of 16 radio stations that was purchased by Paley in 1928 and renamed the Columbia Broadcasting System. Under Paleys guidance, CBS would first become one of the largest radio networks in the United States, in 1974, CBS dropped its former full name and became known simply as CBS, Inc. In 2000, CBS came under the control of Viacom, which was formed as a spin-off of CBS in 1971, CBS Corporation is controlled by Sumner Redstone through National Amusements, which also controls the current Viacom. The television network has more than 240 owned-and-operated and affiliated stations throughout the United States. The origins of CBS date back to January 27,1927, Columbia Phonographic went on the air on September 18,1927, with a presentation by the Howard Barlow Orchestra from flagship station WOR in Newark, New Jersey, and fifteen affiliates. Operational costs were steep, particularly the payments to AT&T for use of its land lines, in early 1928 Judson sold the network to brothers Isaac and Leon Levy, owners of the networks Philadelphia affiliate WCAU, and their partner Jerome Louchenheim. With the record out of the picture, Paley quickly streamlined the corporate name to Columbia Broadcasting System. He believed in the power of advertising since his familys La Palina cigars had doubled their sales after young William convinced his elders to advertise on radio. By September 1928, Paley bought out the Louchenheim share of CBS, during Louchenheims brief regime, Columbia paid $410,000 to A. H. Grebes Atlantic Broadcasting Company for a small Brooklyn station, WABC, which would become the networks flagship station. WABC was quickly upgraded, and the relocated to 860 kHz. The physical plant was relocated also – to Steinway Hall on West 57th Street in Manhattan, by the turn of 1929, the network could boast to sponsors of having 47 affiliates. Paley moved right away to put his network on a financial footing. In the fall of 1928, he entered talks with Adolph Zukor of Paramount Pictures. The deal came to fruition in September 1929, Paramount acquired 49% of CBS in return for a block of its stock worth $3.8 million at the time

Apple's first product, the Apple I, invented by Apple co-founder Steve Wozniak, was sold as an assembled circuit board and lacked basic features such as a keyboard, monitor, and case. The owner of this unit added a keyboard and wooden case.

The Apple II, introduced in 1977, was a major technological advancement over its predecessor.